Bitcoin Marketcap
$1.21T
Gold Marketcap
$14.23T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN
making the case for bitcoin every day
SEARCHKEY MARKETS
24hr change
BITCOIN STATS
Bitcoin Marketcap
$1.21T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$22.19B
Active Addresses
1.02M
Mining Reward Value (24hr)
$58.4M
GBTC Premium
263.07%
MSTR Premium
65.30%
BTC Down From ATH
13.63%
BTC Up From Cycle Low
6.80%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
11.76x
-0.03
-0.22%
M2:BTC (marketcap)
17.22x
-0.19
-1.11%
BTC:Oil (price)
759.70x
-4.16
-0.54%
Gold:Oil (price)
27.79x
-0.3
-1.08%
US GOVERNMENT STATS
30-day change
BTC ROI
Bitcoin & Traditional Assets ROI (vs USD)
BTC vs Traditional Assets ROI:
Bitcoin
Gold
S&P 500
1 year:
+122%
+18%
+22%
2 year:
+62%
+25%
+20%
3 year:
+17%
+32%
+21%
4 year:
+723%
+35%
+76%
5 year:
+1,150%
+82%
+73%
6 year:
+602%
+78%
+90%
7 year:
+4,700%
+85%
+113%
8 year:
+14,033%
+87%
+146%
9 year:
+27,622%
+94%
+143%
10 year:
+14,174%
+81%
+171%
11 year:
+45,303%
+59%
+219%
12 year:
+1.3 million%
+41%
+263%
13 year:
+2.0 million%
+52%
+273%
14 year:
+2.1 billion%
+99%
+325%
https://casebitcoin.com
Data Source: Messari.io, bitcoincharts.com
What is it: This shows bitcoin's ROI vs other potential inflation hedge assets.
Why it matters: As with the historical bitcoin price table, we see bitcoin's extreme outperformance vs other assets here as well. Bitcoin's relatively small size, plus fundamental properties, yield extreme outperformance when even relatively small funds-flows find their way to BTC.
BTC DAYS ABOVE PRICE
Bitcoin Price Closing History by Level
Days Bitcoin Closed Above:
Price
Days Above
% of Bitcoin's Life
$70,000
10
0.18%
$64,027
54
0.97%
$60,000
98
1.75%
$50,000
217
3.88%
$40,000
468
8.37%
$30,000
713
12.75%
Data Sources: Messari.io, bitcoincharts.com
What is it: This the number of days in which bitcoin "closed" (trading level at midnight UTC) above various price levels.
Why it matters: This can give a sense of where bitcoin is currently trading relative to past cycles.
SHARPE 5yr
DOUBLING TIME
THE BITCOIN LIBRARY
8 Nov 2019 | | Price when published: $8,991 (ROI since: +612%)
The Bitcoin Reformation
This piece analyzes the implications of bitcoin through a historical lens; specifically the Protestant Reformation in Europe of the 16th/17th centuries. Mr. Demeester compares the current state of the global monetary system, as an aging institution, to that of the Catholic church during the Reformation. Similarly to how technological developments challenged the church's reach in centuries past, Bitcoin and related tech are challenging today's institutions.
EXCERPT
This report makes the case that the 21st century emergence of bitcoin,
encryption, the internet, and millennials are more than just trends; they herald
a wave of change that exhibits similar dynamics as the 16-17th century
revolution that took place in Europe.
Some of the conclusions our report suggests:
- Bitcoin tolerance versus intolerance to become a major political faultline
- Bitcoin’s primary drivers will be in saving, lending and underwriting
- Collaborative custody to become an industry standard
- Offshore banking may transform into bitcoin banking
- Bitcoin to mature quickly: bonds, annuities, loans, insurance
- Initial exchange offerings (IEOs) expected to stay and grow larger
- Bitcoin savers could accelerate a revolution in the history of thought
Read in Full
What do you think of this piece?
